h41_19520306.pdf
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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4,1 (For Immediate Release) March 6, 1952 CONDITION OF THE FEDERAL RESERVE BANKS Member Bank Reserves and Related Items During the week ended March 5, Member bank reserves increased $77 million. The principal changes supplying reserves were increases of $180 million in Gold stock and $133 million in Reserve Bank credit, and decreases of $42 million in Treasury deposits with Federal Reserve Banks and $12 million in Treasury cash hold- ings. The principal offsetting changes were increases of $88 million in Other deposits with Federal Reserve Banks, $77 million in Foreign deposits with Federal Reserve Banks, $74 million in Money in circulation, and $52 million in Other F. R. accounts (net). The increase of $133 million in Reserve Bank credit resulted from an in- crease of $213 million in Float and decreases of $41 million in U. S. Government securities and $39 million in Loans, discounts and advances. Holdings of U. S. Government securities reflected a decrease of $4l million in certificates. Member Bank Reserves and Related Items March 5, 1952 Change since Feb. 27, 1952 March 7, 1951 (in millions of dollars) Reserve Bank credit: U. S. Government securities Loans, discounts and advances Float Total Gold stock Treasury currency outstanding Money in circulation Treasury cash holdings Treasury deposits with F. R. Banks Foreign deposits with F. R. Banks Other deposits with F. R. Banks Other F. R. accounts (net) Member bank reserves Required reserves (estimated) Excess reserves (estimated) Daily average excess reserves (estimated) 22,514 - 41 + 335 3 8 8 - 39 + 177 981 +213 + 145 2 3 , 8 8 3 +133 + 6 5 7 2 3 , 2 9 0 +180 +1,339 4 , 7 2 6 + 4 + 8 7 28,464 + 74 +1,245 1 , 2 9 6 - 12 - 12 6 7 0 - 42 + 175 6 0 0 + 77 - 255 295 + 88 + 8 5 7 8 7 + 52 + 63 19,787 + 77 + 783 1 9 , 2 3 9 - ' ^ - 2 9 + 935 ^64 +106 - 152 6 3 6 - 2 - 23 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Transcript of h41_19520306.pdf
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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H . 4 , 1 (For Immediate Re lease) March 6 , 1952
CONDITION OF THE FEDERAL RESERVE BANKS
Member Bank Reserves and Re la ted Items
During t h e week ended March 5, Member bank r e s e r v e s i nc r ea sed $77 m i l l i o n . The p r i n c i p a l changes supply ing r e s e r v e s were i n c r e a s e s of $180 m i l l i o n i n Gold s tock and $133 m i l l i o n i n Reserve Bank c r e d i t , and decreases of $42 m i l l i o n i n Treasury d e p o s i t s w i th F e d e r a l Reserve Banks and $12 m i l l i o n i n Treasury cash ho ld -i n g s . The p r i n c i p a l o f f s e t t i n g changes were i n c r e a s e s of $88 m i l l i o n i n Other d e p o s i t s w i th F e d e r a l Reserve Banks, $77 m i l l i o n i n Fore ign d e p o s i t s w i th Fede ra l Reserve Banks, $74 m i l l i o n i n Money i n c i r c u l a t i o n , and $52 m i l l i o n i n Other F . R. accounts ( n e t ) .
The i n c r e a s e of $133 m i l l i o n i n Reserve Bank c r e d i t r e s u l t e d from an i n -c rease of $213 m i l l i o n i n F l o a t and decreases of $41 m i l l i o n i n U. S . Government s e c u r i t i e s and $39 m i l l i o n i n Loans, d i scoun t s and advances . Holdings of U. S. Government s e c u r i t i e s r e f l e c t e d a decrease of $ 4 l m i l l i o n i n c e r t i f i c a t e s .
Member Bank Reserves and R e l a t e d Items
March 5, 1952
Change s ince Feb. 27,
1952 March 7 ,
1951
( i n m i l l i o n s of d o l l a r s )
Reserve Bank c r e d i t : U. S. Government s e c u r i t i e s Loans, d i s coun t s and advances F l o a t
T o t a l Gold s tock Treasury cur rency o u t s t a n d i n g
Money i n c i r c u l a t i o n Treasury cash ho ld ings Treasury d e p o s i t s w i th F . R. Banks Fore ign d e p o s i t s w i th F . R. Banks Other d e p o s i t s w i th F . R. Banks Other F . R. accounts ( n e t )
Member bank r e s e r v e s
Required r e s e r v e s ( e s t ima ted ) Excess r e s e r v e s ( e s t ima ted )
Dai ly average excess r e s e r v e s ( es t ima ted)
22,514 - 41 + 335 3 8 8 - 39 + 177 981 +213 + 145
2 3 , 8 8 3 +133 + 6 5 7 2 3 , 2 9 0 +180 +1,339
4 , 7 2 6 + 4 + 8 7
28,464 + 74 +1,245 1 , 2 9 6 - 12 - 12
6 7 0 - 42 + 175 6 0 0 + 77 - 255 295 + 88 + 8 5 7 8 7 + 52 + 63
19,787 + 77 + 783
1 9 , 2 3 9 - ' ^ - 2 9 + 935 ^64 +106 - 152
6 3 6 - 2 - 23
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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H.4 .1(a) STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED
( I n thousands of d o l l a r s )
A S S E T S Gold c e r t i f i c a t e s Redemption fund f o r F. R. no tes
To ta l gold c e r t i f i c a t e r e s e r v e s
Other cash
Discounts and advances I n d u s t r i a l loans U. S. Government s e c u r i t i e s :
B i l l s C e r t i f i c a t e s Notes Bonds
Tota l U. S. Government s e c u r i t i e s
To ta l loans and s e c u r i t i e s Due from f o r e i g n banks F. R, no t e s of o the r banks Uncol lec ted cash i tems Bank premises Other a s s e t s
TOTAL ASSETS
L I A B I L I T I E S Federa l Reserve no tes Depos i t s :
Member b a n k - - r e s e r v e accounts U. S. T r e a s u r e r - - g e n e r a l account Fore ign Other
T o t a l d e p o s i t s Defe r red a v a i l a b i l i t y cash i tems Other l i a b i l i t i e s and accrued d iv idends
TOTAL LIABILITIES
C A P I T A L A C C O U N T S C a p i t a l p a i d i n Surplus (Sec t ion 7) Surplus (Sec t ion 13b) Other c a p i t a l accounts
TOTAL LIABILITIES AND CAPITAL ACCOUNTS
Rat io of gold c e r t i f i c a t e r e s e r v e s to d e p o s i t and F. R. no te l i a b i l i t i e s combined
Contingent l i a b i l i t y on acceptances purchased f o r f o r e i g n cor respondents
I n d u s t r i a l loan commitments - - I /February 27 f i g u r e r e v i s e d
March 5, 1952
21,386,252 7 0 6 , 0 8 2
22,092,334
395,597
383,814 4,584
1 1 , 8 0 9 , 8 0 6
5,068,073 5 ,635,823
22,513,702
22,902,100 28
1 7 6 , 7 8 6
3,605,427 4 4 , 1 6 1
156,290 49,372,723
24,408,495
19,787,465 6 7 0 , 0 0 5 6 0 0 , 1 1 1
295,394 "21,352,975
2,624,280 14,531
48,400,281
241,684 538,342
27,543 164,873
49,372,723
48.31
9 ,708 7,004
February 27, p March 7 , 1 9 5 2 1951
+ 2 0 0 , 0 0 1 + 1 , 2 7 0 , 8 5 0 - 43 + 1 1 1 , 2 9 0 + 199,958 + l , 3 8 2 , l k )
- 2 3 , 7 2 3 + 55,382
3 8 , 6 7 2 + 176,500 - 393 + 840
w w w - 1,523,172 - 4 1 , 2 5 0 + 1 1 , 8 0 9 , 8 0 6
- 9,995,810 + 44,048
- 41,250 + 334,872
- 80,315 + 512,212 + 4
- 4,015 + 32,067 - 155,757 + 341,352 + 66 + 3,768 - 45,604 - 2,361 - 109,390 + 2,324,564
+ 50,732 + 1 , 2 7 6 , 0 1 5
+ 77,869 + 7 8 2 , 9 8 9 - 41,514 + 175,393 + 77,324 - 255,138 + 88,744 + 85,214 + 202,423 + 7 8 8 , 4 5 8 - 3 6 8 , 8 9 6 + 196,112 - 334 + 3,348 - 116,075 2,263,933
+ 556 + 13,687 2 8 , 3 2 0
6 , 1 2 9 + 18,624 - 109,390 + 2,324,564
+ . 2 + . .9$ - 4oo 2 0 , 8 7 6 4- 1 / 1 8 3 + 4,202
MATURITY DISTRIBUTION OF LOANS AND SECURITIES, MARCH 5, 1952 (Ca l l ab l e Government s e c u r i t i e s c l a s s i f i e d accord ing t o n e a r e s t c a l l da t e )
Within 15 days l 6 t o 90 days 91 days to 1 year Over 1 year t o 5 yea r s Over 5 yea r s t o 10 yea r s Over 10 yea r s
Tota l
Discounts and advances
361,837 21,977
383,814
I n d u s t r i a l loans
868 7 1 8
1,954 1,044
4,584
U. S. Government s e c u r i t i e s
13,430,031 5,102,256 1,352,710 2,628,705
22,513,702 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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H . 4 . 1 ( b ) STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON MARCH 5, 1952 ( I n thousands of d o l l a r s )
A S S E T S T o t a l Boston New York P h i l a . Cleve . Rich . A t l a n t a Chicago S t .Lou is Mpls. Kans.Cy. Da l l a s SanFran.
Gold c e r t i f i c a t e s 21,386,252 747 ,6 l4 7 ,247,68? 1292,228 1452,046 933,442 8 2 9 , 2 1 8 4121,777 577,957 356,390 740,074 596,493 2491,326 Redemption fund f o r
F . R. n o t e s 706,082 6 2 , l l 8 75,496 55,066 80,598 6 5 , 2 0 8 49,225 1 1 6 , 7 2 1 49,033 24,901 36,912 2 7 , 9 6 6 6 2 , 8 3 8
T o t a l gold c e r t i f i c a t e r e s e r v e s 22,092,334 809,732 7 ,323,183 1347,294 1532,644 998,650 8 7 8 , 4 4 3
CO
< CO cn CVJ 626,990 381,291 776,986 624,459 2554,164
Other cash 395,597 28,993 74,761 29,481 32,575 22,244 30,571 7 7 , 3 9 9 1 9 , 2 1 5 8,409 14,950 14,301 42,698 Discounts and advances 383,814 6 , 6 6 9 16,780 4,235 11,190 18,075 8 , 1 5 0 1 1 4 , 4 5 0 9 , 8 0 0 1,100 1 2 , 8 1 5 4,700 175,850 I n d u s t r i a l loans 4 ,584 3,572 - - - 83 7 8 2 - - - 129 . 1 8 T U. S. Govt, s e c u r i t i e s :
C e r t i f i c a t e s 11,809,806 800,623 2,542,309 725,193 1177,414 789,238 694,310 1 8 2 4 , 2 6 1 648,428 375,563 5 6 7 , 9 6 9 558,096 1106,402 Notes 5 ,068,073 343,580 1,091,009 311,210 5 0 5 , 2 7 7 338,694 297,957 7 8 2 , 8 6 5 2 7 8 , 2 6 8 1 6 1 , 1 7 0 243,739 239,502 474,802 Bonds 5 ,635,823 382,069 1,213,229 346,073 5 6 1 , 8 8 0 376,636 331,336 8 7 0 , 5 6 6 309,441 179,225 271,044 266,332 527,992
T o t a l U, S. Government s e c u r i t i e s 22,513,702 1526,272 4,846,547 1 3 8 2 , 4 7 6 2244,571 1 5 0 4 , 5 6 8 1323,603 3 4 7 7 , 6 9 2 1236,137 715,958 1082,752 1063,930 2109,196
T o t a l loans and s e c u r i t i e s 22,902,100 1532,941 4,863,327 1390,283 : 2255,761 1522,726 1332,535 3592,142 1245,937 717,187 1095,567 1 0 6 8 , 6 4 8 2285,046
Due from f o r e i g n banks 28 2 1 / 8 2 3 1 1 4 1 1 1 1 3 F . R . n o t e s of o t h e r banks 1 7 6 , 7 8 6 4,343 18,868 6,934 7,418 48,385 26,799 15,090 7,209 6 ,270 5,725 9 ,228 20,517 Unco l lec ted cash i tems 3,605,427 313,835 672,543 222,249 316,386 277,415 235,304 5 6 9 , 8 7 2 147,558 9 2 , 0 9 6 209,480 191,557 357,132 Bank premises 44,161 1,008 7,574 2 ,843 4,795 4,172 3,110 6,516 3,230 1,078 2,426 6 5 0 6,759 Other a s s e t s 156,290 11,747 33,215 9,509 16,223 10,518 9 ,292 23,441 8,327 4 , 7 8 7 7,575 7 ,241 14,415
TOTAL ASSETS 4 9 , 3 7 2 , 7 2 3 2 7 0 2 , 6 0 1 12,993,479 3008,595 4 1 6 5 , 8 0 5 2884,111 2 5 1 6 , 0 5 5 8 5 2 2 , 9 6 2 2 0 5 8 , 4 6 7 1211,119 2112,710 1 9 1 6 , 0 8 5 5280,734
l / A f t e r deduc t ing $20,000 p a r t i c i p a t i o n s of o ther Federa l Reserve Banks.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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h . 4 . H c ;
L I A B I L I T I E S
F e d e r a l Reserve n o t e s D e p o s i t s :
Member b a n k - r e s e r v e a c c t s . 19 ,787,465 857,452 U . S . T r e a s u r e r - g e n e r a l a c c t . 670,005 38,054
STATEMENT OF UOJ.NDlTJ.ON OF THE FEDERAL RESERVE BANKS ON MARCH 5, 1952 ( In thousands of d o l l a r s )
T o t a l Boston New York P h i l a . G leve . . R ich . A t l a n t a Chicago S t . L o u i s Mpls. Kans.Cy. Da l l a s SanFran.
2 4 , 4 0 8 , 4 9 5 1493,963 5,390,913 1 7 3 0 , 8 6 8 2 2 3 1 , 9 4 0 1723,157 1 3 3 2 , 7 4 8 4 6 5 2 , 2 1 5 1135,095 624,997 9 6 5 , 0 7 2 686,297 2 4 4 1 , 2 3 0
21,352,975 936,149 2 ,624 ,280 209,934
868
F o r e i g n 600,111 Other 295,394
T o t a l d e p o s i t s D e f e r r e d a v a i l , ca sh i t ems Other l i a b i l i t i e s and
acc rued d i v i d e n d s 14 ,531
TOTAL LIABILITIES C a p i t a l p a i d i n S u r p l u s ( S e c t i o n 7 ) . . . S u r p l u s ( S e c t i o n 13b) 27 ,543 Other c a p i t a l a c c o u n t s 164,873
TOTAL LIABILITIES AND CAPITAL ACCOUNTS
Con t ingen t l i a b i l i t y on accep t ances pu rchased f o r f o r e i g n c o r r e s p o n d e n t s 9 ,708
I n d u s t r i a l l o a n commitments 7 ,004
37,293 3,350
6,302,214 9 2 0 , 6 2 1 1 4 9 9 , 2 8 7 8 3 9 , 4 2 8 8 9 6 , 6 7 8 3 0 7 4 , 5 1 2 701,765 443,367 907,091 1 3 7 , 6 3 8 54,649 5 6 , 3 4 1 19,484 2 3 , 4 5 4 1 7 7 , 5 4 6 3 8 , 7 2 8 2 6 , 0 8 6 3 1 , 2 0 5
1 / 1 8 0 , 2 5 0 46,917 5 5 , 3 3 8 3 0 , 6 7 7 2 5 , 8 6 4 8 3 , 6 0 8 2 2 , 8 5 7 15,639 2 2 , 8 5 7 2 2 7 , 3 8 5 2 , 6 9 8 4,927 5,199 3 , 4 5 1 2 , 6 4 5 8 , 1 6 9 1 , 4 5 0 2 9 0
971,199 2373,851 2 9 , 8 0 3 37,017 22,857 55,954
1,759 34,071
6 , 8 4 7 , 4 8 7 1 0 2 4 , 8 8 5 1 6 1 5 , 8 9 3 8 9 4 , 7 8 8 9^9Ml 3338,311 473,139 1 7 7 , 6 2 4 2 2 5 , 8 3 1 2 1 3 , 2 7 9 1 8 8 , 7 9 2 394,279
3,963 8 3 0 1 ,792 722 6 6 3 2 ,372
7 7 1 , 5 1 9 4 8 6 , 5 4 2 9 6 1 , 4 4 3 1 0 2 5 , 6 1 8 2 5 0 0 , 8 9 3 '
111,281 72,425 146,609 164,217 246,870
6 2 0 5 0 9 5 2 6 537 1 ,129
4 8 , 4 0 0 , 2 8 1 2 6 4 0 , 9 1 4 1 2 , 7 1 5 , 5 0 2 2934,207 4075,456 2 8 3 1 , 9 4 6 2 4 7 1 , 6 5 0 8 3 8 7 , 1 7 7 2 0 1 8 , 5 1 5 1184,473 2 0 7 3 , 6 5 0 1 8 7 6 , 6 6 9 5 1 9 0 , 1 2 2 2 4 1 ^ 6 8 4 1 3 , 0 8 1 7 6 , 3 4 8 1 6 , 9 3 8 2 3 , 0 2 3 10,530 9,97% 31,251 8,465 5,449 9,129 11,710 2 5 , 7 8 6 5 3 8 , 3 4 2 3 4 , 1 9 2 1 5 9 , 7 4 3 4 1 , 4 9 3 5 0 , 6 4 8 2 7 , 0 2 5 2 3 , 8 7 1 7 9 , 6 0 1 2 1 , 7 8 8 1 4 , 0 6 3 2 0 , 3 6 7 1 8 , 2 1 0 4?,341
3,011 7,319 4,489 1,006 3,349 762 II ,ko3 34,567 1 1 , 4 6 8 1 5 , 6 7 2 1 1 , 2 6 1 9,798
1,429 23,504
521 9 ,178
1,073 6 , 0 6 1
1,137 8,427
1,307 8 , 1 8 9
2,140 1 5 , 3 4 5
4 9 , 3 7 2 , 7 2 3 2 7 0 2 , 6 0 1 12 ,993,479 3 0 0 8 , 5 9 5 4 1 6 5 , 8 0 5 2 8 8 4 , 1 1 1 2 5 1 6 , 0 5 5 8 5 2 2 , 9 6 2 2 0 5 8 , 4 6 7 1 2 1 1 , 1 1 9 2 1 1 2 , 7 1 0 1 9 1 6 , 0 8 5 5 2 8 0 , 7 3 4
602 2/2,931 757 2 , 3 4 8
893 9 1 6
495 67
418 1,350 2 ,431
369 2 5 2 369 820
369 903 422
FEDERAL RESERVE AGENTS' ACCOUNTS
F . R. n o t e s o u t s t a n d i n g C o l l a t e r a l f o r F .R^ n o t e s :
Gold c e r t i f i c a t e s E l i g i b l e paper U. S . Govt, s e c u r i t i e s
T o t a l c o l l a t e r a l
2 5 , 3 7 7 , 4 8 2 1 5 5 9 , 7 3 4 5 , 6 3 8 , 5 6 4 1 7 8 8 , 6 6 5 2323,729 1 8 0 3 , 8 6 6 1390,375 4 7 6 1 , 8 9 8 1 1 8 1 , 0 8 1 634,551 9 8 9 , 5 0 2
7 6 0 , 0 0 0 5 8 0 , 0 0 0 4 8 5 , 0 0 0 2 6 1 0 , 0 0 0
12,700 12,724 ,000
235,649 450,000
6 , 6 6 9
4,470 ,000 1 2 , 5 8 0
750,000 4,235
2 7 0 , 0 0 0
9,800 150,000
1,100 2 8 0 , 0 0 0
1 2 , 7 1 5
7 2 6 , 8 5 4 2 5 7 8 , 6 6 3
2 1 9 , 0 0 0 1 7 0 0 , 0 0 0
1 7 5 , 8 5 0 1
1 3 , 5 7 5 , 0 0 0 1 3 0 0 , 0 0 0 l . i o o l o o o 1100',000 1625.000 1 3 0 0 ' , 0 0 0 950,000 2 2 0 0 , 0 0 0 1 0 0 0 , 0 0 0 505,000 750,000 545,000 1 0 0 0 , 0 0 0 ; 2 6 , 5 3 4 , 6 4 9 1 7 5 6 , 6 6 9 5 , 7 8 2 , 5 8 0 1 8 5 4 , 2 3 5 2 3 8 5 , 0 0 0 1 8 9 2 , 7 0 0 1 4 3 5 , 0 0 0 4 8 1 0 , 0 0 0 1 2 7 9 , 8 0 0 6 5 6 , 1 0 0 1 0 4 2 , 7 1 5 7 6 1 , 0 0 0 2 8 7 5 , 8 5 0
if A f t e r deduc t ing $419,847,000 p a r t i c i p a t i o n s of o the r F e d e r a l Reserve Banks. 2 / A f t e r deduc t ing $6 ,777,000 p a r t i c i p a t i o n s of o t h e r Fede ra l Reserve Banks.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
